Technical
Financial
Distress signals
Property profile

430 1St Ave Minneapolis, MN 55401

OFF-MARKET
Retail properties & Spaces
164,868 SF Built 1896
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Property summary

AI-generated overview

The Kickernick Building, a stunning seven-story structure at 430 N 1st Ave, Minneapolis, MN 55401, presents a unique investment opportunity. Built in 1896 and extensively renovated in 2019, this Class B building boasts 164,868 square feet of versatile space. Its DT2 zoning allows for a variety of uses, including retail, office (creative, coworking, traditional, executive, and medical), restaurant, bar, coffee shop, and art studio. The building features three elevators – both passenger and freight – ensuring efficient movement throughout its multiple tenancies. Situated in the North Loop submarket within the Warehouse District, this property enjoys exceptional accessibility, being adjacent to light rail and in close proximity to major attractions like Target Center and Target Field. The building's blend of historic character and contemporary upgrades makes it an ideal location for a diverse range of businesses. This prime Minneapolis location offers unparalleled potential for growth and profitability.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1896
Total area 164,868 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Bakery Specialty Food Shop
  • Alternative Medicine Practice
  • Publishing House Newspaper & Magazine
  • Advertising Agency Marketing & Advertising

Location

430 1St Ave Minneapolis, MN 55401
Minneapolis metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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